April 27, 20223 yr 3 hours ago, Kz! said: Dumbest cult on the planet strikes again. What could possibly go wrong with this idea?
April 27, 20223 yr 1 minute ago, VanHammersly said: I never said that but nice try. So we both got that going for us.
April 27, 20223 yr 1 hour ago, VanHammersly said: Federal government prints money. State and county have to stay within a budget. And, during a time of high inflation, how could this possibly hurt anyone?
April 27, 20223 yr 1 hour ago, Kz! said: This is interesting because I was told that raising property taxes on two central Florida counties was a really, really big deal, but saddling American families with 13K in new debt isn't even discussed in here. Guess the NPCs have to wait for new talking points to come out before addressing it. I just want you to know that Im extremely grateful for your contributions toward paying off my student loans. Instead of paying my loans back I'll be on a tropical island somewhere and I'll definitely think of you at least once as I sip cocktails on the beach.
April 27, 20223 yr It's hard to imagine how much of an NPC you have to be to spend multiple days queefing about a marginal tax increase for the residents of two counties in a state where you don't live and then see a story about a president poised to print 1.6 trillion dollars and say "meh, no biggie, we have a money printer." That's why I love this place. Just now, Gannan said: I just want you to know that Im extremely grateful for your contributions toward paying off my student loans. Instead of paying my loans back I'll be on a tropical island somewhere and I'll definitely think of you at least once as I sip cocktails on the beach. Are you really still paying off student loans? Aren't you old as ish?
April 27, 20223 yr 1 minute ago, Kz! said: Are you really still paying off student loans? Aren't you old as ish? Yes and
April 27, 20223 yr 41 minutes ago, Kz! said: It's OK because the federal government prints money. State and county have to stay within a budget. And if the last 12 months have taught us anything, it's that the federal government printing literally trillions of dollars has no negative consequences at all. It really is the dumbest cult on the planet. More money was printed the last 9 mos of Trump's presidency than the entirety of Biden's this far.
April 27, 20223 yr 3 minutes ago, The_Omega said: And, during a time of high inflation, how could this possibly hurt anyone? I promise to stimulate the economy with the money Im not spending on monthly loan payments.
April 27, 20223 yr Just now, JohnSnowsHair said: More money was printed the last 9 mos of Trump's presidency than the entirety of Biden's this far. Gee did that have anything to do with a pandemic? And that move was applauded by all Dems. Well, the ones that weren't clamoring for him to print more. And again, worst move of his presidency by far.
April 27, 20223 yr 1 minute ago, Kz! said: Gee did that have anything to do with a pandemic? And that move was applauded by all Dems. Well, the ones that weren't clamoring for him to print more. And again, worst move of his presidency by far. Again, if it was the worst move of his Presidency, then why the F did you celebrate it?
April 27, 20223 yr Quote "Not a single person in this country has paid a dime on federal student loans since the president took office,” White House press secretary Jen Psaki said at Monday’s press briefing, referring to the suspension of interest on the debt. She went on to say that President Joe Biden "would make a decision about any cancellation of student debt before the conclusion of that pause on student loans.” That pandemic-era relief staying the bills has been in effect for over two years, and it’s currently scheduled to expire Aug. 31. No way payments actually resume on August 31st.
April 27, 20223 yr 10 minutes ago, VanHammersly said: Again, if it was the worst move of his Presidency, then why the F did you celebrate it? Never happened.
April 27, 20223 yr 15 minutes ago, Gannan said: I promise to stimulate the economy with the money Im not spending on monthly loan payments. Yeah, more money chasing after ever fewer goods sounds like a great idea.
April 27, 20223 yr It's like these idiots are desperate to get Trump re-elected. I think Trump is a dangerous imbecile, but if they actually cancel all student debt... FFS, can we please get a non insane option. Just one with a chance to win. Or even partially insane?
April 27, 20223 yr 1 minute ago, vikas83 said: It's like these idiots are desperate to get Trump re-elected. I think Trump is a dangerous imbecile, but if they actually cancel all student debt... FFS, can we please get a non insane option. Just one with a chance to win. Or even partially insane?
April 27, 20223 yr Author 7 minutes ago, vikas83 said: It's like these idiots are desperate to get Trump re-elected. I think Trump is a dangerous imbecile, but if they actually cancel all student debt... I think it could go either way. The right is going to be riled up and out for blood no matter what, but the left, and particularly the younger segments of the Democratic electorate, see this as a broken promise (even though it really isn't). The calculation would be to bring these voters closer to the fold through debt cancellation. It could definitely backfire, though. I know, though, we've had the discussion before about how courting the youth vote is a fool's errand, and you're probably right. I'm not sure what else they have at this point, though, to turn the tide, since Congress will emphatically stymie any attempt to pass legislation before the midterms.
April 27, 20223 yr Just now, EaglesRocker97 said: I think it could go either way. The right is going to be riled up and out for blood no matter what, but the left, and particularly the younger segments of the Democratic electorate, see this as a broken promise (even though it really isn't). The calculation would be to bring these voters closer to the fold through debt cancellation. It could definitely backfire, though. I know, though, we've had the discussion before about how courting the youth vote is a fool's errand, and you're probably right. I'm not sure what else they have at this point, though, since Congress will emphatically stymie any attempt to pass legislation before the midterms. Much more importantly, it's just about the worst idea ever imagined. Removing people from the obligation to repay debt they willing took is just idiotic, and it's insulting to those who paid for their education (or repaid their loans) and those who didn't go to college (the majority of Americans). It will simply drive up the cost if education even higher since the government will still be in the business of giving loans to anyone, but now people will assume those loans will be cancelled in the future (because no shot this is a one time thing). So we'll drive up demand even more and...prices will rise. Leading to people ****ing about student debt, and cancellation round 2. It's just monumentally stupid and immoral. But it's also political suicide for the left. You'll please a group of voters that is notoriously unreliable while angering the majority of the country. The Dems already seem elitist and out of touch, and wiping away 150k of debt for some 28 year old with a gender studies degree...the GOP attack ads write themselves. Biden won because he appealed to moderate and GOP voters who couldn't countenance Trump's behavior and imbecility. Those people will turn on him now. It's wrong morally. It's wrong financially. It's wrong politically. So of course the Democrats will do it.
April 27, 20223 yr 1 minute ago, vikas83 said: It's wrong morally. It's wrong financially. It's wrong politically. So of course the Democrats will do it. and then somehow blame the right for the fallout.
April 27, 20223 yr 11 minutes ago, vikas83 said: It's like these idiots are desperate to get Trump re-elected. I think Trump is a dangerous imbecile, but if they actually cancel all student debt... FFS, can we please get a non insane option. Just one with a chance to win. Or even partially insane? Meh, obviously this is a terrible and destructive idea, but it should be one that's popular with democrats. These are people that are dumb enough to not understand the ramifications of printing trillions upon trillions of dollars. They'll happily vote for whoever offers the most "free" gibs. Look no further than the NPCs in here.
April 27, 20223 yr 5 minutes ago, EaglesRocker97 said: I think it could go either way. The right is going to be riled up and out for blood no matter what, but the left, and particularly the younger segments of the Democratic electorate, see this as a broken promise (even though it really isn't). The calculation would be to bring these voters closer to the fold through debt cancellation. It could definitely backfire, though. I know, though, we've had the discussion before about how courting the youth vote is a fool's errand, and you're probably right. I'm not sure what else they have at this point, though, to turn the tide, since Congress will emphatically stymie any attempt to pass legislation before the midterms. i got into a.....discussion....with some of those young lefties on reddit a couple weeks ago. the ones complaining how "they" got biden elected but he's not keeping any of his promises to "them". when i explained that they need to vote in elections if they want to get the repugs out of congress so some dem legislation could be passed....they mostly screeched. they're too young/dumb to understand how it works.
April 27, 20223 yr Author 7 minutes ago, vikas83 said: Much more importantly, it's just about the worst idea ever imagined. Removing people from the obligation to repay debt they willing took is just idiotic, and it's insulting to those who paid for their education (or repaid their loans) and those who didn't go to college (the majority of Americans). It will simply drive up the cost if education even higher since the government will still be in the business of giving loans to anyone, but now people will assume those loans will be cancelled in the future (because no shot this is a one time thing). So we'll drive up demand even more and...prices will rise. Leading to people ****ing about student debt, and cancellation round 2. It's just monumentally stupid and immoral. Right, I understand this position, I was mainly talking about its political expediency. Will it get Democrats to the polls? Maybe. 7 minutes ago, vikas83 said: But it's also political suicide for the left. You'll please a group of voters that is notoriously unreliable while angering the majority of the country. The Dems already seem elitist and out of touch, and wiping away 150k of debt for some 28 year old with a gender studies degree...the GOP attack ads write themselves. Biden won because he appealed to moderate and GOP voters who couldn't countenance Trump's behavior and imbecility. Those people will turn on him now. Yup, and there's the rub. Biden definitely rode into office on a wave of moderates. Younger voters still did not show up in the large numbers hoped for last time last time around, but they did increase turnout, and conditions might be different this time around. Firstly, a lot of them probably didn't buy the notion of Biden cancelling all student debt (He teased the idea but never fully embraced it.) However, if he actually does do it, that might hold some sway. It's also interesting to note that the oldest millennials will be close to 40 years old in the coming elections, so they are entering a life stage where voter participation has historically increased in dramatic fashion. Also, if Trump is the nominee, and voters are reminded once again of all his own moral failings, this might be enough to court some moderates back to the polls and force others on the right to sit out this election altogether.
April 27, 20223 yr This is a way for congressional and administration staffers to get their loans forgiven while pretending they're doing it for everyone else. And if it happens to buy them a few votes too, bonus.
April 27, 20223 yr At this point, Biden knows how terribly unpopular he and democrats currently are with ordinary Americans. Why not swing for the fences with wild gibs that his base is demanding? There's literally no downside. The people that approve of the job he's doing are too stupid to jump ship now. Might as well court young voters with a "free" handout.
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